[From Press Release] …Miami is also forecast to suffer the brunt of the financial losses from coastal flooding by 2070, topping a separate list with an eye-watering $3.5 trillion of exposed assets. The USA is likely to pay a hefty price for its world-leading per capita carbon emissions, as New York also comes in third with $2.1 trillion. China’s Guangzhou splits the two American cities with exposed assets of $3.4 trillion.

In total, of the top 20 most financially vulnerable cities, half are from either of these two countries: four from the US, six from China…